Word: seaway
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Dates: during 1950-1959
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POWER PROJECT on the St. Lawrence, part of a joint U.S.-Canadian plan to develop the seaway, will he financed by one of the biggest bond issues ever. The U.S. share alone, which will go on public sale this week, will come to $330 million. The Aluminum Co. of America has already agreed to buy about one-third of the U.S. output for its upstate New York plants...
...Hampshire: Republican Norris Cotton, 54, after eight years in the House, won a promotion to the unexpired term of the late Charles Tobey. He has backed the Administration program down the line, except on public housing and the St. Lawrence Seaway project...
...Washington Ives steered clear of the label, "Mr. Dewey's Senator," and voted and acted strictly according to his own lights. A pioneer Ikeman; he has nevertheless disagreed with the President on some issues (examples: he voted against the St. Lawrence Seaway, which he considered a threat to New York's seaboard interests, and the housing bill, which he called inadequate...
...didn't always make home runs but we did have 54 hits . . . Now that, after all, is a batting average of .830. And any baseball fan will tell you, that's pretty good going in any league." He recalled some of the hits: St. Lawrence Seaway, tax reform bill, the new farm bill. Later, the President said that he was disappointed with the speech; he had tried to do too much in 30 minutes. But at least the speech was over. His shoulders sagged with relief the moment he went...
When completed in 1959, the project will generate more power than TVA. New York and Ontario will share equally in the cost ($600 million) and in the power (12.6 billion kilowatt-hours a year). The dam will fit into the St. Lawrence Seaway system, scheduled for completion...